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but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it remains to be seen what the faa comes up with. to some extent the faa is, indeed, reacting to public pressure and public concerns and so i'm not sure that the faa officials themselves at this point really know what direction they want to head in. they are going to look at the data and that could take i would say several months, at least. >> andy pasztor from the "the wall street journal", thank you. >> thank you. >> brown: this week provided a glimpse of the latest in technology and high-end gadgets at the annual consumer electronics show, which wrapped up today in las
but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it...
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the problem is that boeing has 800 of these things on order. so that's where the problem starts coming in if people say, yeah, i don't really want this plane. but i will tell you this, plane is fascinating. the dream liner is more highly pressurized than a normal plane because it's made of composite materials which means it feels more like earth which means you don't feel the effects of flying as much, it's humidified, lighting control, comfortable, quiet, fuel efficient. so people have bought this plane and haven't taken orders, they want this to work. and new plane introductions do take a long time. it does take a couple of years. the problem with this one is it was just mired in problems for so long that more problems make it that much more troublesome. >> and if you get a bunch in a week, it will have an impact. ali, always good to chat. looking dapper at always. >> thank you, sir. >>> we have news coming into us, the venezuelan vice president, ma maduro, he's heading to havana in a few hours to see chavez. chavez missed his will inaugurati
the problem is that boeing has 800 of these things on order. so that's where the problem starts coming in if people say, yeah, i don't really want this plane. but i will tell you this, plane is fascinating. the dream liner is more highly pressurized than a normal plane because it's made of composite materials which means it feels more like earth which means you don't feel the effects of flying as much, it's humidified, lighting control, comfortable, quiet, fuel efficient. so people have bought...
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but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you roll out a brand-new plane that you've really designed from scratch. >> all right, tom costello, dulles airport, outside dc. tom, thanks. >>> still ahead as we continue on a friday night, how about arming teachers in the classroom. how do parents feel about that as a protection in the post newtown era? >>> and later, critical mass over the new portrait of a princess. we'll have the harsh reaction and proof this isn't the first time a depiction on canvas hasn't gone over so well. >>> a colorado judge today delayed the formal arraignment of a
but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you...
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has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort of thing? >> some of the options you have to look at if you have live fire training exercises scheduled for the remainder of the year you can delay it to the next fiscal year. if you have major main tins of systems that you were set to begin you can delay that into the beginning of the next fiscal year. you can do a lot of delaying and you can get away with that perhaps in one year. but now you have a backlog building next year. if think stays in effect you have less funding the year after that so the backlog starts to build. it will
has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort...
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stuck 2 1/2% on friday and boeing, i'm sorry, the f.a.a. investigation we've got to see, really will be far reaching much more than people realize and focus on the electronic distribution and the mechanic systems and how they interact and it will go much further than that. one analyst was saying, boeing is more exposed than normal, because something else could come up as a result of it. and that could affect the company negatively. but the second analyst said maybe it could help lift the tarnished reputation that boeing has. it's rough around these parts for year and passengers also very concern, really, about getting on board the plane, because it's been a new plane and a lot of passengers and the range of the plane could actually take passengers, and maybe really given it the commercial appeal that boeing hopes it would have. all in all. both passengers and the company and of course the economy, jobs, could be affected in here, it's a massive issue, kelly, back to you. >> that's quite a bit. dominic di-natale. thank you. >> jamie: stay aw
stuck 2 1/2% on friday and boeing, i'm sorry, the f.a.a. investigation we've got to see, really will be far reaching much more than people realize and focus on the electronic distribution and the mechanic systems and how they interact and it will go much further than that. one analyst was saying, boeing is more exposed than normal, because something else could come up as a result of it. and that could affect the company negatively. but the second analyst said maybe it could help lift the...
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right now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i spoke with paul, who is an expert in aviation. thank you very much for coming in. there is a mixed message from the u.s. regulators. they say the airplane is safe, but they are reviewing its safety. what do you make of that? >> i think the faa wants to assure the public this airplane has met the standards. they're putting together a team to look at it. none of these events look connected. any new aircraft faces these kinds of problems often. when the 777 was introduced, it had problems. it has flown 17 years without a fatality. the 1-380 had cracks in its
right now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i...
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it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >> it arrived after 9:00 a.m. and in less than an hour it will take a new flight of passengers bound for tokyo. in about 25 minutes. nbc bay area's bob riddell is live with more. >> reporter: good morning, marla and laura. there was a ceremony that just wrapped up with the mayor, with the ambassador, u.s. ambassador to japan and the airport's make namesake. at gate 15 to kick off the inaugural flight. all nippon airways flight 1075, the first nonstop flight between here and tokyo to leave in about 30 minutes, the five day-a-week schedule is significant for several reasons. one is the plane itself. the
it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >>...
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but, boy, this is an embarrassing week for boeing. make sure you watch us for more in depth coverage. tune into "your money" saturday 1:00 p.m. eastern, sunday, 3:00 p.m. eastern. that's it for me. same time on monday. i'm out. . >>> weather in australia. it's known for being extreme. we have been telling you about those fires that is still burning through the country's southeast but now we have this. take a look at these amazing pictures. on the western side of australia. there's a huge red wall of dust caused by a cyclone. chad myers is here, as always, to walk us through pictures of this. it was caused by the kite clone but the kite clone was far away? >> yes, the cyclone, typhoon, hurricane, same thing but different ocean. different direction because it's in the southern hemisphere. irrelevant. on the outside, the outer bands that we talk about, one had a pretty good thunderstorm and one thunderstorm put down this gust front that we call that. and the gust front just blue all of blew this dust into the sky. the dirt is red. just l
but, boy, this is an embarrassing week for boeing. make sure you watch us for more in depth coverage. tune into "your money" saturday 1:00 p.m. eastern, sunday, 3:00 p.m. eastern. that's it for me. same time on monday. i'm out. . >>> weather in australia. it's known for being extreme. we have been telling you about those fires that is still burning through the country's southeast but now we have this. take a look at these amazing pictures. on the western side of australia....
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boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines has taken a couple of them here. united continental has taken delivery of these planes. they've delivered 49 of these planes. it's important to note here why there are questions about these planes, nobody has canceled an order for them yet. they are expecting at boeing for this to be the next big product for them. however, production delays, design problems have plagued the production of this very important phra*eufpb for th plane for the company. just last month the faa put out a directive to airline who had bought this thing sayin
boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines...
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lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at wells fargo. profits hit a record high. that is good. they are not doing as many mortgages. they are the nation's biggest lender. you can see it is down by one and a quarter percent. cheryl: how did last year's drought play out? jeff: it was pretty wild in here today. five of the past six years, this has been a limit move. take a look at what it was. we had, i think, scott shall indeed, a 26-point move. >> we had a pretty big range. jeff: this crop report is definitely a mover. take a look at this. this is the usda world agriculture supply and demand. it is down 13% on the year. acr
lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at...
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. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>> planned parenthood in texas heads to court today, the group wants a federal judge to allow it to be part of the state's revamped women's health program under a new state law texas noening loer funds women's health clinics affiliated with abortion. that state law disqualifies texas from getting federal money for women's health and since federal money makes up a huge chunk of planned parenthood's budget the law effectively shuts down all the group's work in the state. >>> ford says it's adding 2,200 white collar jobs in the united states this year, that's the automaker's biggest hiring in a decade. spokesman says a signifi
. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>>...
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>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same thing, that they are completely safe. it remains to be seen what reports will say. >>> new survey says a third of the universities out there expect tuition to either decline or grow slower than inflation. should parents start celebrating that? >> analysts say don't open up the champagne just yet. the reason why, because of the economic uncertainty, and in job uncertainty, people -- students especially, less interested in four-year colleges, tuition rise 2.6% to 2.7%, less than the everyone 6.7% it usually goes up. but analysts say because tuition is only going up a very sma
>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same...
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abc news reporter has more from washington, d.c.. >> called the dream liner, boeing 787. and it has the most cutting edge technology in the sky. but recent incidents raised warning flags. officials announced a comprehensive review. critical systems of the aircraft including design, manufacturing, and assembly. >> boeing's newest aircraft, dream liner remains on electrical signals. it is made with carbon fiber instead after lum anymore allowing to it get better fuel mileage. officials insisted the plane is safe but in last week, significant causes for pmp three foot long crack in the cockpit wind yof a 76 767 -- 787 flying in japan. also, this week a boston to tokyo flight delayed due to a fuel leak but if issues with the systems raised most concern. >> it's a very good battery. we're not sure what happened witness. >> some said a big issue for boeing is that it outsourced more manufacturing process than it had for other parts of the fleet. >> these are not an issue of the out sourcing. >> during a review, dream liner can continue to fly. >> we believe this is a safe aircr
abc news reporter has more from washington, d.c.. >> called the dream liner, boeing 787. and it has the most cutting edge technology in the sky. but recent incidents raised warning flags. officials announced a comprehensive review. critical systems of the aircraft including design, manufacturing, and assembly. >> boeing's newest aircraft, dream liner remains on electrical signals. it is made with carbon fiber instead after lum anymore allowing to it get better fuel mileage....
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but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i think we can show awe graph there. you can see how rough the past few years. we'll give you an idea how it might affect the company longer term. here is the maker of europe's air bus, the rival. the dips that collate with the super jumbo. every time you see a dip, that relates to the problems. is that going to play out for boeing as the problems crop up during the investigation? let's take a brief step back, the problem at boeing is really that they have with the dreamliner is what we saw when they launched the triple 7. the triple 7 now is r
but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i...
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. >>> mechanical problems keep rolling in for boeing's 787 dreamliner. >> more like a nightmare. three of boeing's brand new planes suffered a slue of issues. >> fire and leaking fuel. >> error message related to the plane's braking system. >> all these little glitches that boeing says they are, or is there something else that's happening? >> reporter: nope. boeing says just growing pains. but airlines are growing impatient. >> they have a quality problem. and this quality problem should be resolved. >> reporter: speaking of problems. >> wow, i tell you quarterbacks, you get all the good-looking women. what a beautiful woman. >> wow! >> whoa! >> reporter: that's legendary sportscaster brent musberger oozing over the 23-year-old girlfriend of the alabama quarterback. >> musberger, chill out, baby. >> some thought it was creepy, but not the beautiful woman herself. >> the fact that he said we were beautiful and gorgeous, i don't see why any woman wouldn't be flattered by that. >> reporter: while we're talking sports, this year's hall of famers for baseball are -- no one. well, thre
. >>> mechanical problems keep rolling in for boeing's 787 dreamliner. >> more like a nightmare. three of boeing's brand new planes suffered a slue of issues. >> fire and leaking fuel. >> error message related to the plane's braking system. >> all these little glitches that boeing says they are, or is there something else that's happening? >> reporter: nope. boeing says just growing pains. but airlines are growing impatient. >> they have a quality...
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faa will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave about 5400 jobs. most from its travel business as more customers book trips online. >>> scholastic has donated about 1 million new books to schools in new york and new jersey that were ravaged by hurricane sandy. >>> did shell oil move a rig? shell is denying the accusations saying that the rig was moved because of weather conditions. >>> and if you haven't started planning your summer vacation, you better get started. according to flipkey.com, inquiries for summer property rentals have risen 40% just the past month alone. >>> tim tebow snubbed again. reverend al sharpton teams up with tyler perry on a cold case. plus,
faa will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave...
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. >> federal regulators announced they are ordering a comprehensive review of boeing 787 dreamliner as the jet is making the inaugural flight from san jose international airport this morning. the f.a.a. has scheduled a news conference later this morning to officially make the announcement. four dreamliners have had problems this week alone including the latest this morning in japan when a crack was discovered in one of the layers of a window. nippon is scheduled to start nonstop from san jose to tokyo with 10:00 a.m. arrival of a new dreamliner jet. >> there could be flight delays this weekend at san francisco international airport when it closes one of the runways from 10:00 tonight until 8:00 monday morning the first of several weekend runway closures to accomplish construction activity for federally mandated runway safety requirements including installing new lighting systems and 1/2 gigsal aids. during the closing the arrival rate will be reduced from 60 aircraft an hour to 30 aircraft per her and flight delays are expected to occur during the height of the travel times like when t
. >> federal regulators announced they are ordering a comprehensive review of boeing 787 dreamliner as the jet is making the inaugural flight from san jose international airport this morning. the f.a.a. has scheduled a news conference later this morning to officially make the announcement. four dreamliners have had problems this week alone including the latest this morning in japan when a crack was discovered in one of the layers of a window. nippon is scheduled to start nonstop from san...
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something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of conflict, if you will, were planted early. president obama has been targeting lobbying groups like the chamber since the day he announced his white house run. >> they write the checks, you get stuck with the bill. they get the access while you get to write a letter. they think they own this government, but we're here today to take it back. the time for that kind of politics is over. it is through. >> despite that, the relationship actually started off on a somewhat positive note. the chamber broke with republicans early on in obama's presidency and backed the
something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of...
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any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that everyone is walking around. is it so serious that there's a real safety risk and the answer is no of course there are issues. they will be fixed but the faa says it's safe, the experts that i've spoken with say it is safe. wolf, you buy me a ticket and i'll board a dreamliner across the country. >>> bill richardson just rern returned from north korea. with a new leader, is anything any different? my conversation with bill richardson when we come back. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those da
any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that...
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>>> plus just hours from now boeings dream liner will begin its service from san jose. but we have breaking news about the safety of that jet. all ahead on ktvu channel 2 morning news. >>> good morning. welcome to friday it's january 11th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again. little system coming into the northern part of the state. you can see that. again it favors areas to the west. upper 40s and low 50s. >>> good morning. we're looking at a live picture of eastbound interstate 80 where the lanes are clear here on 80. but a little after 3:00 this morning was much different story. a car hit the center divider near the ashby avenue exit and spun out. it was broadsided by an on coming car. two other cars were tangled up in the crash. the driver of the first car was a man. we're waiting to hear the extent of his injuries. one thing we do know it took awhile for this to clear up. more
>>> plus just hours from now boeings dream liner will begin its service from san jose. but we have breaking news about the safety of that jet. all ahead on ktvu channel 2 morning news. >>> good morning. welcome to friday it's january 11th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again....
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this one here, they seem to be coming all at once. >> boeing is used to winning. it is america's biggest exporter. in many ways, america's most important company. a symbol of national pride. with a federal review of its plane, the future of boeing's signature aircraft is in jeopardy. erin? >> thanks very much to sandra. >>> prosecutors say a tv host prayed on hundreds of victims, children. >>> the man who allegedly massacred moviegoers in colorado. his lawyers say he is mentally ill. that could mean one day he is walking free. >> i'm a little passion nat about this. i don't want to see this guy get out on the streets because my son is already dead. 1-800-345-20 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab bank has grown to over 70 billion in assets. tdd#: 1-800-345-2550 so if you're looking for a bank that's in your corner, tdd#: 1-800-345-2550 not just on the corner... tdd#: 1-800-345-2550 call, click or visit to start banking
this one here, they seem to be coming all at once. >> boeing is used to winning. it is america's biggest exporter. in many ways, america's most important company. a symbol of national pride. with a federal review of its plane, the future of boeing's signature aircraft is in jeopardy. erin? >> thanks very much to sandra. >>> prosecutors say a tv host prayed on hundreds of victims, children. >>> the man who allegedly massacred moviegoers in colorado. his lawyers say...
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Jan 11, 2013
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the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great. i love that. i don't like to have to drive to sfo. so that is good for me. >> reporter: nan will be flying to tokyo five days a week. it's the first direct flight from san jose to asia in six years. it's also the first airport in the bay area to have this dream liner that has been touted as technologically advanced and fuel efficient. coming up later in the morning the media is supposed to be giving a tour of the aircraft. there will be several transportation officials as well as people from ana. we plan on asking them about the latest development. reporting live from san jose janine de la vega. >>> vice pr
the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great. i...
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Jan 12, 2013
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boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane crashed in buffalo, new york. before that nothing since 2006. and consider that on average nearly 2 million people fly domestically every single day. the airline industry does have something to crow about. violence, video games and the vice president of the united states. joe biden met today with members of the video gaming industry to prevent mass shootings a lot of disagreement about the best solution. do would need video game restrictions? more gun control? something else entirely? some combination? they're working on it. the details ahead. a chan
boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane...
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Jan 12, 2013
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. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was three years behind schedule. the 787's maiden flight was touted in 2007. but after four years of troubling delays, its first flight finally took off on an overcast day in seattle. at first, airlines fell in love. 57 companies ordered the dreamliner at a cost of more than $200 million each. but the plane is struggling, just this week, a fire, a fuel leak, an electrical malfunction and a cracked cockpit window were found on different dreamliners. the faa is now reviewing the plane's certification. >> there've been no common denominator between the incidents, so it
. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was...
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Jan 11, 2013
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has a news conference on the boeing 787 dreamliner after incidents including a cracked cockpit window on a flight in japan. united has no plans to ground their six dreamliners. if you want to score a deal or phone at walmart, the sale of iphone 5 for $127 ends tomorrow and is replaced by a no contract version over the straight talk [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of yoplait light, now at 90 calories each. yoplait, it is so good! >> welcome back at 5:124. military veterans are helping replace a bronze plaque stolen from a war memorial in petaluma. veterans and supporters have donated $9,000 so far to pay for a new more secure monument. the plaque honored 15 service member killed in the vietnam war. police say it was probably stolen in the days before christmas by thieves who wanted to sell the bronze for scrap. >> the f.d.a. is requiring makers of ambient and other sleeping pills to lower the dosage because you have a higher risk of injury because of increa
has a news conference on the boeing 787 dreamliner after incidents including a cracked cockpit window on a flight in japan. united has no plans to ground their six dreamliners. if you want to score a deal or phone at walmart, the sale of iphone 5 for $127 ends tomorrow and is replaced by a no contract version over the straight talk [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of...
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Jan 12, 2013
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. >>> and then there's the investment boeing has made in that dreamliner. $32 billion for planes that will sell for about $32 million a piece. but the effort hasn't been without some setbacks. now the government has some questions. >> reporter: it's boeing's most technological advanced airplane. but a week of glitches prompted the faa to ask what is going on. >> we are confident about the safety of this aircraft. but we're concerned about these incident, and we will conduct the review until we're completely satisfied. >> reporter: in one incident, a japan airlines plane leaked with 40 gallons of fuel on the runway. >> japan air center, having pulled your position, we have fire trucks coming to you. >> reporter: a fire started in the belly of another plane shortly after it landed at logan. but passengers had already left. there were two other incidents on 787s in japan, a cracked windshield and an oil leak. boeing instifrts it's not -- insists it's not unusual to run into growing pains. >> every new commercial airplane has issues. >> reporter: united is the only american carrier using
. >>> and then there's the investment boeing has made in that dreamliner. $32 billion for planes that will sell for about $32 million a piece. but the effort hasn't been without some setbacks. now the government has some questions. >> reporter: it's boeing's most technological advanced airplane. but a week of glitches prompted the faa to ask what is going on. >> we are confident about the safety of this aircraft. but we're concerned about these incident, and we will conduct...
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Jan 12, 2013
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. >> tom: and boeing's 787 dreamliner undergoes a comprehensive safety review by federal regulators af(oqr severl problems surfaced this week. that and more tonight on "n.b.r." >> tom: if you are sneezing andç feverish tonight, you're not alone. the flu has officially reached epidemic proportions in the united states. the centers for disease control and prevention say more than 7% of deaths last week were caused by pneumonia and the flu. it's expected to be the worst flu season in a decade. but it's not just a public health issue, there's the potential for a real economic impact, costing employers billions of dollars. erika miller reports. >> reporter: hospitals like montefiore medical center in the bronx are reporting big spikes in flu cases. here, as many as 40% of people seeking emergency care have flu symptoms. >> in our pediatric emergency room, we are seeing in the range of 200 patients a day. and at that point, it's difficult to manage with all the staff that we have and the rooms that we have. >> reporter: the situation has gotten so bad in the big apple, that it's new nicknam
. >> tom: and boeing's 787 dreamliner undergoes a comprehensive safety review by federal regulators af(oqr severl problems surfaced this week. that and more tonight on "n.b.r." >> tom: if you are sneezing andç feverish tonight, you're not alone. the flu has officially reached epidemic proportions in the united states. the centers for disease control and prevention say more than 7% of deaths last week were caused by pneumonia and the flu. it's expected to be the worst flu...
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the chairman from boeing likes to say, every time a boeing plane land somewhere in the world, there are 11,000 suppliers landing as well. we want to get the risk down, the certainty up, and have a predictable stable highly competitive environment from which to go out and compete around the world and win. host: one thing we heard leading up to discussions late last year is that some type of certainty was needed from decisions made. did the people you represent find the certainty? guest: there is some of it. much is to be done because long-term overhang is still serious. nobody believes that our current spending course is sustainable. we have made promises that cannot be paid for. maybe not tomorrow or five years from now, but down the road changes need to be made. you're seeing this at the state level where governors and in both parties and legislative bodies are coming together. watch illinois right now, they are struggling with their pension debt, but at the national level we have not had the success yet that some of the states of had. host: looking at spending federally, what has to b
the chairman from boeing likes to say, every time a boeing plane land somewhere in the world, there are 11,000 suppliers landing as well. we want to get the risk down, the certainty up, and have a predictable stable highly competitive environment from which to go out and compete around the world and win. host: one thing we heard leading up to discussions late last year is that some type of certainty was needed from decisions made. did the people you represent find the certainty? guest: there is...
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Jan 12, 2013
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. >> tom: boeing's dreamliner jet remains in service tonight even as federal regulators have opened a top to bottom review of the plane. the federal aviation administration announced the safety review after at least four separate incidents with the new planes this week, problems that have shaken the confidence of some shareholders. >> reporter: this is the most recent problem for boeing's newest and most complex aircraft, a cracked windshield on a 787 in japan today. but it was problems earlier this week like an auxiliary battery fire on board an empty 787 in boston that got the attention of safety regulators. >> this review will cover the critical systems of the aircraft including the design, manufacturing and assembly. >> reporter: the action comes 15 months after the dreamliner was cleared for take-off by regulators and came into service. the plane had been eagerly anticipated by the airline industry. it uses lightweight carbon composite material more than other passenger planes. it also relies more on electrical systems instead of mechanical components. the result is a lighter pla
. >> tom: boeing's dreamliner jet remains in service tonight even as federal regulators have opened a top to bottom review of the plane. the federal aviation administration announced the safety review after at least four separate incidents with the new planes this week, problems that have shaken the confidence of some shareholders. >> reporter: this is the most recent problem for boeing's newest and most complex aircraft, a cracked windshield on a 787 in japan today. but it was...
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how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery nightmare and the stock is getting crushed. plus 1,350 days and counting that is how long it has been since the democratic controlled senate passed a budget. and how it could become a bargaining chip to the upcoming fight. and team obama and sen the democrats are going all out for new gun controls. tomorrow, vice president biden is going to meet with organizations and thursday he is going to the nra. all this suspect senator feinstein plans to go after h d handguns. let's talk. we have blake zeth and we may get jeannine turner. blake, the thing th
how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery...
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Jan 9, 2013
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if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue, because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is resigning. this at the time that president obama has picked jack lew to replace tim geithner as treasury secretary. whoever runs the jaret -- the treasury has a critical job. so far, 2013 has been marked by fighting over the fiscal could. but americans say they are looking for solutions, decisions. we have the ceo of accounting giant duch joining me from -- deloit joining me from new york. what would your message be to the new secretary, jack lew? >> my message to jack, as well as what novartis said to the president is to get on to -- what i have already said to the president is to get on with solving the fi
if you're looking at things like the brakes, boeing did revamped its software system in november. it would be troubling if it turns out to be a similar issue, because that was a challenging fix. >> going can at least draw comfort from one of the words of their biggest customers. qatar airways and dismissed the issue as easy problems. there are still plenty of fans. bbc news, new york. >> tonight, the white house has confirmed that labor secretary bill so this -- hilda solis is...
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Jan 8, 2013
01/13
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down 247, 3% at boeing at 73.70. this plane from the production problems now to the flight usage issues, it feels like a snake bit aircraft. as you say, the public perception is one thing. i wonder if any airlines quietly, quietly are expressing concerns either to you or back channels to boeing about this aircraft. >> yes. they are expressing their concerns. have they picked up the phone since yesterday and picked up the phone and called jim, probably not. i suspect what we're hearing from the airlines and what they are telling boeing is the same thing they have been telling boeing over the last several years. a, are you going to deliver this aircraft on time. b, is it going to meet expectations. if that happens, again, for the most part, most of the airlines flying this aircraft are reporting that it is delivering on the expectations that they had set in advance when they ordered the aircraft. i know that's a little strange. some people will look at this and say, listen, there's all these problems with the dreamline
down 247, 3% at boeing at 73.70. this plane from the production problems now to the flight usage issues, it feels like a snake bit aircraft. as you say, the public perception is one thing. i wonder if any airlines quietly, quietly are expressing concerns either to you or back channels to boeing about this aircraft. >> yes. they are expressing their concerns. have they picked up the phone since yesterday and picked up the phone and called jim, probably not. i suspect what we're hearing...
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Jan 11, 2013
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boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key, though. they're not shutting the jet down. this is not an airworthiness issue. the jet will continue to fly. but it matters because so many airlines are counting on this jet with its larger fuel range to add new revenue streams for them. and if these problems continue, boeing has already faced a bit of a stock hit. some of the airlines could get hit as well, guys. a big story to continue to watch. american express laying off 5,400 workers, 8% of their work force. >> let me stop you there. yesterday we had more bad news coming out of -- >> morgan stanley.
boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key,...
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Jan 11, 2013
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very serious boeing. over the last week a share price has been hit, not seriously, but down 3%-4%. but it is not a crisis for boeing but it was a serious problem and they'll have to deal with it quickly if it is to keep up the sales, which have been going reasonably well. the airline, it has had good reviews until now. >> ok, jamie, thanks very much for the moment. see you in a little while. now, the duke and duchess of cambridge have been to see the first official portraits of the duchess which is now on show at the national portrait gallery. it was painted by the artist paul emsly after two sittings last year. an art critic is here. he spoke to peter hunt and gave us his analysis on the portrait. >> we're all a bit disappointed to be honest. i know the duchess herself was happy with it, but i thought it was a wasted opportunity. here's this glamorous new princess, we're all intoxicated by her beauty and her youthfulness and her energy, yet in this picture she comes across as rather a ghostly and strange figure with this rather wild hair and directly staring face. so my own view i
very serious boeing. over the last week a share price has been hit, not seriously, but down 3%-4%. but it is not a crisis for boeing but it was a serious problem and they'll have to deal with it quickly if it is to keep up the sales, which have been going reasonably well. the airline, it has had good reviews until now. >> ok, jamie, thanks very much for the moment. see you in a little while. now, the duke and duchess of cambridge have been to see the first official portraits of the...
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the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> today, emp
the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global...
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Jan 9, 2013
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we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and de
we will have the answers on the biggest of the banks and how bad is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the...
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Jan 8, 2013
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same issue with boeing 787. they realized when they built this plane, given the technological advances they put in the plane they would have problems along the way. i don't think there's any airlines there that would step back and say, these guys have had problems, i don't think we should fly the plane. bottom line is this. airlines talk to each other. they are talking to boeing constantly. these kinds of checks happen all time. most of the time we do not know about it. that's what's going on as you run an airline. it's just that this is in the news right now, which is why we're hearing about it. >> do we hear as many news headlines about airbus, phil? even if there aren't cancellations, if you're going to choose from boeing and airbus, maybe you go for the airbus, no? >> most of the airlines getting these planes placed orders years ago. they have been talking with boeing steadily since then, talking with other airlines, some of the tarairlines. some of the airlines that received the plane. if this plane wasn't
same issue with boeing 787. they realized when they built this plane, given the technological advances they put in the plane they would have problems along the way. i don't think there's any airlines there that would step back and say, these guys have had problems, i don't think we should fly the plane. bottom line is this. airlines talk to each other. they are talking to boeing constantly. these kinds of checks happen all time. most of the time we do not know about it. that's what's going on...
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i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first grader $100,000 a year like these guys are getting paid to say that. we have an expression for these people, and i can't say it exactly, but no duh, sherlock. of course, you need to fix the planes, but who has the lease to do in? boeing does. they don't want to see their stock plummets, and god forbid their plane crashes. they'll have 300 huge lawsuits, huge wrongful death lawsuits against them, and they don't want that. neil: you can see boeing, you can never sue the government. >> yeah. neil: in other words, it was the government that okayed the one that blew
i mean, it's not as if boeing went into this blindly. this thing was strictly monitored by the government and okayed by the government. >> neil, these guys are geniuses, i tell ya. after a plane catches fire and a window cracked -- that they missed, they said this plane was great. after the fact when there's problems, they go and say, huh, there's a fire there, you should probably fix that. neil: i don't think that's good. that's a problem. yeah. >> yeah. really, i can pay a first...